New Mexico 2023 Regular Session

New Mexico House Bill HB174

Introduced
1/24/23  

Caption

Underground Injection Fund

Impact

The bill mandates an allocation of funds amounting to $1.4 million from the general fund for the purpose of supporting the new underground injection control program. Additionally, it outlines the appropriation of $1 million specifically designated for employing full-time staff who will facilitate the enforcement of environmental safety measures and assist in obtaining state primary enforcement authority over class six wells. This funding strategy is designed to fortify the state’s capability to uphold groundwater protection standards, thereby affecting state laws related to water quality and environmental control.

Summary

House Bill 174 aims to establish an Underground Injection Control Fund in New Mexico to support the regulation and management of groundwater resources. The hallmark of this bill is the creation of a nonreverting fund, which will be financed through appropriations, gifts, grants, and donations. The fund will be administered by the Energy, Minerals and Natural Resources Department, allowing the state to implement a comprehensive underground injection control program. This initiative seeks to enhance the state’s management of groundwater and ensure adherence to safety and environmental standards related to underground injection activities.

Contention

While the bill is designed to bolster groundwater protection efforts, it may provoke debates regarding funding allocation and regulatory oversight. Advocates for the environment and public health may view this measure as a positive step towards safeguarding water resources, while some industry stakeholders could express concerns over the implications of increased regulation and associated costs. As discussions continue around HB174, points of contention are likely to revolve around balancing environmental protection with economic interests in the energy sector.

Companion Bills

No companion bills found.

Previously Filed As

NM HB91

Geothermal Resources Project Funds

NM HB365

Geothermal Center & Fund

NM SB8

Geothermal Resources Development

NM SB9

Create Legacy Permanent Funds

NM HB289

Geothermal Projects Development Fund

NM SB192

Additional Appropriations & Confidentiality

NM SB49

Community Benefit Fund Transfers

NM SB218

Appropriations & Legislative Confidentiality

NM SB83

Innovation In State Government Fund

NM HB237

Climate, Energy & Water Authority Act

Similar Bills

No similar bills found.